Fairfield, NJ

CEO: Reuven Battat

Year of Investment: 1999

Status: Exited

ProcureNet was the pioneer and leading provider of Internet B2B solutions and services. Its flagship product, OneSource(TM), uniquely integrated Web-based procurement applications, global buying portal, and purchasing services. ProcureNet provided procurement solutions to major commercial and public sector organizations. The company was spun off from Fisher Scientific.